Is this the beginning of the next downturn?

  • Posted by a hidden member.
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    Aug 22, 2015 3:50 AM GMT
    of the next downturn

    http://www.newsmax.com/StreetTalk/Financial-Markets-stocks-dow-industrials-correction/2015/08/21/id/671272/
  • Posted by a hidden member.
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    Aug 22, 2015 1:53 PM GMT
    That was a big hit yesterday with the 530 point decline in the dow.
  • Posted by a hidden member.
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    Aug 22, 2015 2:04 PM GMT
    Maybe, maybe not. That's about as good a prediction as I've read on the subject.
  • bobbobbob

    Posts: 2812

    Aug 22, 2015 2:12 PM GMT


    Socalfitness, you're close to my age.

    You ought to to know that the price of horizontal pussy in Cambodia can cause a financial crisis in international stock markets. If you attach your future well being to Wall Street I'm disappointed. I've dug in dirt and struggled all my life to make a living and have avoided Wall Street profiteers.

    Investment-wise I didn't lose one pink penny when the bottom dropped out in 2008-2009. From what you've written I'm surprised you are worried about what the hell the stock market do.
  • tj85016

    Posts: 4123

    Aug 22, 2015 2:40 PM GMT
    southbeach1500 saidThe ridiculousness of zero percent or negative interest rates and QE for all these years is finally coming home to roost.


    Obama "recovery" = Fed balance sheet expansion (that's about it)
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    Aug 22, 2015 3:01 PM GMT
    bobbobbob said

    Socalfitness, you're close to my age.

    You ought to to know that the price of horizontal pussy in Cambodia can cause a financial crisis in international stock markets. If you attach your future well being to Wall Street I'm disappointed. I've dug in dirt and struggled all my life to make a living and have avoided Wall Street profiteers.

    Investment-wise I didn't lose one pink penny when the bottom dropped out in 2008-2009. From what you've written I'm surprised you are worried about what the hell the stock market do.


    "From what you've written I'm surprised you are worried about what the hell the stock market do."


    ?????

    In this thread?